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Dec 28, 2012
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china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too much as a technical topic. not as a fundamental topic about the relations of the states. in my experience, i always say the chinese leadership, the most distinctive characteristic is they are systematically opened. that is to say the modus operandi is on a particular topic, let's look for the best ideas throughout the world, bring them back, study them, and then customize them as appropriate for our own system. and yet in this one respect, they have been a little bit slow. we had this conversation 10 years ago. now, i will stic
china's >> ok. concepts. for 20 years i have been advising -- roughly half of that on financial economic matters. the other half a variety of topics. about 10 years ago, we started talking about role of law. i said to him at the time, what strikes me about this topic was that other than the occasion i can think of, other than when paul worked at the state department and bill clinton was president, this topic in my view has never gotten the attention it deserves. it has been treated too...
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Dec 27, 2012
12/12
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. until the pyramids of private money built on the tribute collapsed on their own weight. economy is simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the global minotaur was wounded. while in rude health, the minthe minotaur formed new formf pleasure and new forms of deprivation. ample security for a few and spectacular insecurity for most. creating
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the...
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Dec 4, 2012
12/12
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we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. admiral, maybe i will ask you this question. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in the united states where we cannot, but there is a -- wherever we can, but there is a very strong part of this report that says it has to be done safely and we know how to do it safely. that is one contribution of those of us who have served in the armed forces, we do a lot of dangerous stuff in the armed forces, fuel, nuclear power, explosives. the way we do that safely is a high standards, rigid enforcement, and very professional inspectors to do it. we strongly recommend applying this model to regulatory body so t
we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. admiral, maybe i will ask you this question. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we...
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Dec 10, 2012
12/12
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host: what slip by in the answer -- look at china. they are not as technologically advanced as far as military. they have one aircraft carrier and a small air force. that question was dodged. wheat dominate militarily and with nuclear-weapons compared to the rest of the world. there was a fear that it would become too powerful. here we go again with across- the-board cuts when we should be looking at the contract situation. there is a system with the defense department and contractors. there is a lot of waste going on in purchasing. the defense department succeeds all other areas of government. everybody supports our defense. i believe are most important national interest is our own people and putting the funding into rebuilding the urban areas of the united states and bringing poor people up to a standard of living where they can get by. we spent over $300 billion on and afghanistan. guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more
host: what slip by in the answer -- look at china. they are not as technologically advanced as far as military. they have one aircraft carrier and a small air force. that question was dodged. wheat dominate militarily and with nuclear-weapons compared to the rest of the world. there was a fear that it would become too powerful. here we go again with across- the-board cuts when we should be looking at the contract situation. there is a system with the defense department and contractors. there is...
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Dec 13, 2012
12/12
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in china. so effectively what we did, we borrowed money from china to be able to send it back to china to be able to study problems there. let's get americans back to work. we took another $2.6 million to be able to train chinese prostitutes not to drink too heavily. i think we have a better use for american dollars. right now, america is facing a fiscal challenge a fiscal event. the problem resides not with americans being taxed too little, but government spending too much. we have a caucus that's dedicated to getting americans back to work, to bringing fiscal sanity into the process. and to never, ever forget it is not washington, d.c.'s money, it's the american people's money. let's stand up to them first rather than for more and bigger government. with that, i yield back. >> i thank the gentleman, so well said. jobs, the economy, economic growth. mrs. blackburn: we have to have economic growth. continuing to raise tax rates, continuing to escalate spending, doesn't do that. what we want to
in china. so effectively what we did, we borrowed money from china to be able to send it back to china to be able to study problems there. let's get americans back to work. we took another $2.6 million to be able to train chinese prostitutes not to drink too heavily. i think we have a better use for american dollars. right now, america is facing a fiscal challenge a fiscal event. the problem resides not with americans being taxed too little, but government spending too much. we have a caucus...
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Dec 28, 2012
12/12
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he used to -- of china chance is progress to if there was one district name in changing the health and when people said the but the time from cover to,. it was a two session time. what they really meant was that they scanned it things they have read a yesterday. it was the reliable place to go. all of the news fit to print. it was a very important -- it was a very important part of history. let's take the normandy invasion in 1944, a major historic event. you remember -- most of us do not remember that, but if you think of that, could he should the map of the allies' progress? at the end of the thirties. horace. the crimes a point of departure, to make sure they have full reporters, that the most accurate news was really in the newspaper. the great news reporters could do so much. so it really was not the place for people to go to the news. i want to stress something else out. at that time, the government and the media were aligned. there was not this junction that we have now. it was not fox fees. there was not a gap that will come to later. i wanted to become the new media and admini
he used to -- of china chance is progress to if there was one district name in changing the health and when people said the but the time from cover to,. it was a two session time. what they really meant was that they scanned it things they have read a yesterday. it was the reliable place to go. all of the news fit to print. it was a very important -- it was a very important part of history. let's take the normandy invasion in 1944, a major historic event. you remember -- most of us do not...
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Dec 8, 2012
12/12
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we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in the united states where we cannot, but there is a very strong part of this report that says it has to be done safely and we know how to do it safely. that is one contribution of those of us who have served in the armed forces, we do a lot of dangerous stuff in the armed forces, fuel, nuclear power, explosives. the way we do that safely is a high standards, rigid enforcement, and very professional inspectors to do it. we strongly recommend applying this model to regulatory body so that we can do this safely, so that we can do oil retractions safely. that we can
we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in...
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Dec 9, 2012
12/12
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they have 700,000 jobs of in china. the daily wage average, the people making these funds and china, 700 of and people make $2 or $3 an hour. people ask why does apple not move the jobs here? you cannot find anybody here. and a buddy who's and, would >> up at two or $3. they can make them over there, fit them over here. they are not involved in slavery. i am giving you the sense of so think of lumber are browned the world and being a book whose dome maxima and profitability while minimizing the price of a u.s. selling. apple has a huge margin. we have the understanding of slavery. how do we attack it based on this economic profile? understanding the shift, it. as to certain kinds of tactics and policies that might prove more effective. making it less profitable, awarding to be evolves in the process of child labor etc.. understanding claim supply chains. they are coming from over there. the baby tainted that certain points. leveraged demand as consumers as a wearing demand involved in global supply chains so we can make
they have 700,000 jobs of in china. the daily wage average, the people making these funds and china, 700 of and people make $2 or $3 an hour. people ask why does apple not move the jobs here? you cannot find anybody here. and a buddy who's and, would >> up at two or $3. they can make them over there, fit them over here. they are not involved in slavery. i am giving you the sense of so think of lumber are browned the world and being a book whose dome maxima and profitability while...
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Dec 10, 2012
12/12
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people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments in the future rather than having short-term spending. support for basic research and for higher education, as drew talked about. tell us what is and we can plan around it with respect to health care costs and energy costs. then it businesses can create a renaissance of american competitiveness. >> i think that is a brilliant agenda. i don't think that has changed. let's assume we go through the fiscal cliff. immigration, investments. you are not going to do a dream act. it.had a chance to do w george bush, john mccain. maybe the republic
people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments...
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Dec 26, 2012
12/12
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they came from china, europe, israel. we are not doing a good job in the states in making science and technology a profitable activity, where kids can commit their entire lives and careers to it. the best thing we can do is to invest in science and technology and mathematics education in our elementary and high schools. about the role of private enterprise in solving the problems. i believe that no import technology ever becomes broadly used unless it is commercialized and is an innovation that people want to use. there are smart people like the one building a private space company or another founder who has a fund in silicon valley. smart people who are trying to use private enterprise to solve big problems. i did not discount that. government and academia has its role. one has talked a lot about going to mars. he hopes to die on mars as a first human columnisonist. we had to build 30 saturn-5 rockets, each exerting 7 million pounds of thrust. n out ofhasn't gotte low-earth orbit. going to mars is like building the pyram
they came from china, europe, israel. we are not doing a good job in the states in making science and technology a profitable activity, where kids can commit their entire lives and careers to it. the best thing we can do is to invest in science and technology and mathematics education in our elementary and high schools. about the role of private enterprise in solving the problems. i believe that no import technology ever becomes broadly used unless it is commercialized and is an innovation that...
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Dec 10, 2012
12/12
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the other issue is china. we need to keep the chinese people here because when they go back, they will compete with us. timing, i think, is everything and we need to get this going and we need to get it now. and there is perhaps an important point in dividing visa issue from the general immigration issue. because one can be dealt with i think much more quickly. then the other one can. >> any comments on that? >> that's actually been my view for some time. because of the urgency around entrepreneurship and innovation, moving quickly to deal with high school immigration is the right way to go and very supportive of senator warner and cubio and mow ranio starting it back 2.0. if there was a consensus in the congress, and with the white house move on that, i would be delighted. my own assessment at this point is that that's unlikely. that i think unless there is a broader solution around immigration t. doesn't have to be everything, which is why it might be sort of start back plus maybe it could be comprehensive.
the other issue is china. we need to keep the chinese people here because when they go back, they will compete with us. timing, i think, is everything and we need to get this going and we need to get it now. and there is perhaps an important point in dividing visa issue from the general immigration issue. because one can be dealt with i think much more quickly. then the other one can. >> any comments on that? >> that's actually been my view for some time. because of the urgency...
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Dec 1, 2012
12/12
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the ones who want to recognize china will abide by the one china policy. the economic doors that have taken china to a relatively small economy to the second largest in the world. and 3, primacy of the party with its 80 million members and 3000 outposts in the world. now you have xi jinping rising to power. he has been given the party mantle and soon the military and the presidency. before him will be new questions much different from the ones that deng xiaoping was responsible for acting upon. before xi jinping will be questions like, is china more repressive at home today than in earlier years. is china more nationalistic in its economic practices, but jiggly those among the enterprises? has china become more assertive internationally? i would argue east of these questions carried fairly profound rule of law implications. as xi jinping rises to take the top position in china and wrestles with new challenges and attempts to answer any questions, i would argue that many of them are based in basic rule of law doctorate -- doctrine. the most important steps
the ones who want to recognize china will abide by the one china policy. the economic doors that have taken china to a relatively small economy to the second largest in the world. and 3, primacy of the party with its 80 million members and 3000 outposts in the world. now you have xi jinping rising to power. he has been given the party mantle and soon the military and the presidency. before him will be new questions much different from the ones that deng xiaoping was responsible for acting upon....
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Dec 30, 2012
12/12
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and, you know, i was in china and the china -- chinese leaders understand this. they don't deny their climate problem. they are engineers and they're rationale, and they don't want to be addicted to fossil fuels the way the united states is and have to protect the supply line around the world, so they are, number one in solar panels, wind power and nuclear power, building thirty nuclear power plants. so i don't -- but, of course, they do have a major problem with so many people in poverty and they're -- and they need -- they know they need to get them out of poverty or they may -- their government may not survive. so the -- of course, they're doing everything they can to raise the standard of living, but they are planning, by the middle of the century, to really have all their electricity from -- both india and china are really looking to go non-fossil fuel. but to make that happen soon enough, we have to have a price on carbon. >> well, i'm gonna touch quickly on the keystone xl pipeline then we're gonna have the audience participation. theve been an opponent of
and, you know, i was in china and the china -- chinese leaders understand this. they don't deny their climate problem. they are engineers and they're rationale, and they don't want to be addicted to fossil fuels the way the united states is and have to protect the supply line around the world, so they are, number one in solar panels, wind power and nuclear power, building thirty nuclear power plants. so i don't -- but, of course, they do have a major problem with so many people in poverty and...
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Dec 8, 2012
12/12
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the other issue is china. we need to keep chinese people here, because when they go back, they will compete with us. timing i think is everything. we need to get this going. we need to get it now. there is perhaps an important point in dividing the visa issue from the general immigration issue. one can be dealt with much more quickly. any comments? >> that has been my view for some time. because of the urgency around an entrepreneur should and innovation, moving quickly to move up with high skilled -- to deal with high skilled immigration is important. i have been a very supportive of what senator warner has been trying to do. if there was a consensus in the congress, and with the white house, to move on that, i would be delighted. my own assessment is that that is unlikely. unless there is a broader solution around immigration, it does not have to be everything, which is why it might be piecemeal, my own guess is that -- my day job is investing in companies, this is just moonlighting -- my sense of it just ta
the other issue is china. we need to keep chinese people here, because when they go back, they will compete with us. timing i think is everything. we need to get this going. we need to get it now. there is perhaps an important point in dividing the visa issue from the general immigration issue. one can be dealt with much more quickly. any comments? >> that has been my view for some time. because of the urgency around an entrepreneur should and innovation, moving quickly to move up with...
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Dec 30, 2012
12/12
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as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i do not think they should get tax breaks. if you want to give these corporate giant tax breaks given to those who want to invest in the country and create jobs. for a lower than the american businessmen. guest: i understand your frustration. part of it is the corporate tax .ode clearly needs to fix it a lot talk about fixing a and a revenue neutral way. it does not help lowering future deficits any easier. there are some things need to change. in general we need to realize that if we set our country on the bike path making the right investments in -- the right path making invest
as far as china is concerned we do not hit that high of a tariff on their imports. i believe it is a lot higher. the whole thing was steve jobs. he treated the apple computer in his garage. when he got successful theme of his company over to china giving chinese people jobs. if steve jobs was born in china he would not even be able to create the apple computer. we just do not do enough for the people of this country. the people who are position to create jobs do not reinvest in the country. i...
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Dec 15, 2012
12/12
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people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments in the future rather than having short-term spending. support for basic research and for higher education, as drew talked about. tell us what is and we can plan around it with respect to health care costs and energy costs. then it businesses can create a renaissance of american competitiveness. >> i think that is a brilliant agenda. i don't think that has changed. let's assume we go through the fiscal cliff. immigration, investments. you are not going to do a dream act. we had a chance to do it. george bush, john mccain. maybe the republ
people say, how do we compete with china? we can have the entire world at our disposal and start businesses. then we have to focus on tax and the corporate tax reform to get a system that is simpler and makes it easier for businesses to compete in the world. that will be enormous. there is an infrastructure investment that needs to be made. this is important with the budget deal going forward. we have to think about what our values are. we can spend money on infrastructure to make investments...
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Dec 9, 2012
12/12
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they have 700,000 manufacturing jobs in china. the daily wage average, someone can correct me, but the folksmaking these phones -- they make around $2 or $3 an hour. people ask why doesn't apple move the jobs here? you cannot find anyone here legally whose income would max out at $3. and transportation is so inexpensive, they commit them over here and ship -- make them over there and ship them here. they are not involved in slavery but i'm giving you the sense of sourcing of labor are round the world and the stream child labor, forced labor an-- and the extreme child labor, forced labor. we have the understanding of slavrery in the modern context. how we attack it based on this economic profile? understanding the key shift in the logic of contemporary forms of slavery point as to assert a kind of tactics and policies that might prove more affected. one would be attacked the profits generated by the exploitation. make it less profitable and rewarding to be involved in the exploitation of child laborers, slaves, etc. these products
they have 700,000 manufacturing jobs in china. the daily wage average, someone can correct me, but the folksmaking these phones -- they make around $2 or $3 an hour. people ask why doesn't apple move the jobs here? you cannot find anyone here legally whose income would max out at $3. and transportation is so inexpensive, they commit them over here and ship -- make them over there and ship them here. they are not involved in slavery but i'm giving you the sense of sourcing of labor are round the...
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Dec 22, 2012
12/12
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it is supported by china, even. in the spring, when china tried to launch a satellite but failed using this technology, china said we needed to come up with a presidential statement from the u.n., condemning the actions of north korea would set the stage for tougher actions in the future if north korea were to launch another missile. that missile has been launched. we now think it is time for tougher actions
it is supported by china, even. in the spring, when china tried to launch a satellite but failed using this technology, china said we needed to come up with a presidential statement from the u.n., condemning the actions of north korea would set the stage for tougher actions in the future if north korea were to launch another missile. that missile has been launched. we now think it is time for tougher actions
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Dec 28, 2012
12/12
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we're talking about how china is taking over. what we need to make some decisions that is going to help the america people, corporate america, middle-class america, those individuals that are not in the capacity whatever so ever, i expect our elected officials to getting together, work this thing out, do the right thing, quit the fighting and come up with a solution even if they have to go back after the fact and just get things the way they are supposed to be. >> some of the expectations there from willard. we're going to go on to cal on the republicans line in tennessee. what do you think of the fiscal cliff and where the negotiations are so far? >> i think they ought to go over the fiscal cliff. we have people like that that are on the government bill too long. they are sucking the tit of the federal government. i think everyone should pay their fair share. we have almost a $17 billion national debt. not only, the rich but everyone should pay their fair share. we also need some spending cuts too. $3 for every $1. if you don't
we're talking about how china is taking over. what we need to make some decisions that is going to help the america people, corporate america, middle-class america, those individuals that are not in the capacity whatever so ever, i expect our elected officials to getting together, work this thing out, do the right thing, quit the fighting and come up with a solution even if they have to go back after the fact and just get things the way they are supposed to be. >> some of the expectations...
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Jan 1, 2013
01/13
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we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on that. it sounds like a small summit. it is a low growth rate. which rain nobles in particular do you see having that sort of potential? >> double energy demand in world. they supply 30's are of it from renewables. it takes everything. yet here is part of that. there are some breakthroughs coming through. -- wind is part of that. there are some breakthroughs coming through. all of these are important. they all need additional technology applied to them. it is always interesting to see what we as a company do. our focus when it comes to the idea of why we would push renewables our focu
we're helping china explore. -- china is now exploring. we're helping china explore. it think i will cycle down to the topic of renewable. renewables are critically important. everything you hear me say fit into an all of the above energy strategy. our prediction if things go very well is that renewables could supply 30% of the world's energy plan by the middle of this century. that of the growth we have not seen anywhere in the world before now. i will stop there. >> a quick follow up on...
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Dec 19, 2012
12/12
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china comes to america. we want to know that we are taking your calls in this segment as we talk about this in sourcing boom -- in-sourcing doane. -- this in-sourcing boom. the numbers are on the screen. take us to what is happening in china in this second story. guest: the story focuses on what the elements are there: jobs back to the united states. jim fallon has reported -- that are pulling jobs back to the united states. jim bolon has report on jobs for a number of years. about five years ago in the summer of 2007, he did a big piece on an outsourcing firm. he focuses on the head of that, a guy named liam casey. he talked about what jobs are going over there in such massive scale. and he focused on the scale of the operation over there. he went to the foxconn plants. it has been in the news lately because of labor malpractice. they produce a lot of our products and a lot of other products. there are a number of factors in china. one is, wage pressure, particularly on the coast as the cost of living in ch
china comes to america. we want to know that we are taking your calls in this segment as we talk about this in sourcing boom -- in-sourcing doane. -- this in-sourcing boom. the numbers are on the screen. take us to what is happening in china in this second story. guest: the story focuses on what the elements are there: jobs back to the united states. jim fallon has reported -- that are pulling jobs back to the united states. jim bolon has report on jobs for a number of years. about five years...
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Dec 27, 2012
12/12
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it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow, to read -- to breed on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that floated to feed the global minotaur. just like its mythological predecessor, the global minotaur has kept the economy going for decades. until the pyramids of private money built on the tribute collapsed on their own weight. planet earth was simply not large enough to hold it so much private toxic money. money like a paper that burns down once the collapse begins. in this confederation, the -- in this conflagration, the global minotaur was wounded. while in rude health, the minotaur formed new forms of pleasure and new forms of deprivation. ample security for
it gobbled up everything produced in japan and later in china. and for the american owners of these distant factories, they said their profits to wall street, a form of tribute to the global minotaur. what do bankers to when such a tsunami of capital comes their way daily? between $3 billion and $5 billion every week. they find ways to make it grow, to read -- to breed on their behalf. the us in 1985, 1990's, you saw an explosion of money minting on the back of the daily capital tsunami that...
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Dec 8, 2012
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and the other issue is china, we need to keep the chinese people here because when they go back they are going to compete with us. timing i think is everything and we need to get this going and now. and there is perhaps an important point in dividing the visa issue from the general immigration issue because one can be dealt with much more quickly than the other one can. >> any comments than? >> that's actually been my view for sometime. because of the urgency around invasion moving quickly to deal with high skill immigration is the rights way to go and very supportive of what senator war warner have been doing and if trfs a consensus in the white house i would be delighted. my own assessment is that's unlikely. unless there say broader solution around immigration, doesn't have to be everything which is why it might be the start back plus the dream act. it could be comprehensive. my own guess is that reading the tea leaves this -- my day job is vesting companies this is like moonlighting on the side lines so there are people up here who know a lot more than i do but my sense of it tal
and the other issue is china, we need to keep the chinese people here because when they go back they are going to compete with us. timing i think is everything and we need to get this going and now. and there is perhaps an important point in dividing the visa issue from the general immigration issue because one can be dealt with much more quickly than the other one can. >> any comments than? >> that's actually been my view for sometime. because of the urgency around invasion moving...
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Dec 6, 2012
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we're thinking that pressure needs to be brought on china. goods made in germany, sold by that company to the chinese company that thinks it will keep it in china, but in fact it is going to iran. all it a country of tr concern. we're thinking maybe it is time that china is called out on that. china needs to be pressured to stop a local in the system internationally that is being created to keep iran from outfitting its centrifuge program. that effort over time has had tremendous success. with more and more sanctions, it is been more successful. more purchases stopped, more interdiction's, more trouble for iran to make progress. >> in terms of u.s. non- proliferation programs, david is emphasizing some of the holes that exist, particularly in controls and lack of enforcement of existing sanctions legislation. what is your assessment of non- proliferation programs? >> when you hear discussions on sanctions, these are the things we tried to do to cut off supply. there are more things that could be done to enforce things, have better training in
we're thinking that pressure needs to be brought on china. goods made in germany, sold by that company to the chinese company that thinks it will keep it in china, but in fact it is going to iran. all it a country of tr concern. we're thinking maybe it is time that china is called out on that. china needs to be pressured to stop a local in the system internationally that is being created to keep iran from outfitting its centrifuge program. that effort over time has had tremendous success. with...
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Dec 15, 2012
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. >> it's a nixon-to-china thing. >> right. it's a different sensibility and -- >> confidence about that. >> right. again, i think we as democrats need to be very careful to think this is over with latinos. it's not. i think the playing surface is a beneficial one to the democrats right now and i think there's plenty of work. >> sorry. >> but the work needs to continue to solidify that. they -- this is an electorate that is too diverse. there's generational change happening in it. you need to stay engaged. you need to -- you know, those 800,000 to a million hispanics who are aging into the electorate need to be reached out to, need to be cultivated, need to be worked, you know, quite frankly, by both parties. i'm hoping the republicans won't. [laughter] as a partisan. and then there is this question and i don't know -- i don't think the research has been done yet and roberto can correct me if i'm wrong here, in terms of this kind of millennial question. >> yes. >> the latino electorate is young and getting younger, and the ques
. >> it's a nixon-to-china thing. >> right. it's a different sensibility and -- >> confidence about that. >> right. again, i think we as democrats need to be very careful to think this is over with latinos. it's not. i think the playing surface is a beneficial one to the democrats right now and i think there's plenty of work. >> sorry. >> but the work needs to continue to solidify that. they -- this is an electorate that is too diverse. there's generational...
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Dec 9, 2012
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companies but international companies that are looking where to invest with the challenges in europe, with china going through a transition, with india's political system, as chair of the india caucus, almost more dysfunctional than ours. we look pretty darn good if we can put a real plan in place. >> what would be the size of the plan? >> i think it gets north of $4 trillion, whether it gets to $6 trillion. this goes back to where you start. two points -- kind of on the opening round questions. it is important to remember that the simpson-bowles plan, which has gained a lot of attention, or the gang of six, which is built off the simpson-bowles, the presumptions that went into those plans assumed that all the top rates would go back up. when you start from that, even though i think simpson-bowles's idea that he would bring the rates down to the high 20's is a bit of a stretch. i do not think we will see that kind of across the board almost zeroing out in some places of tax expenditures that would require. they can show a path towards meaningful tax reform even with the rates at the higher level
companies but international companies that are looking where to invest with the challenges in europe, with china going through a transition, with india's political system, as chair of the india caucus, almost more dysfunctional than ours. we look pretty darn good if we can put a real plan in place. >> what would be the size of the plan? >> i think it gets north of $4 trillion, whether it gets to $6 trillion. this goes back to where you start. two points -- kind of on the opening...
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Dec 3, 2012
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we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in the united states where we cannot, but there is a very strong part of this report that says it has to be done safely and we know how to do it safely. that is one contribution of those of us who have served in the armed forces, we do a lot of dangerous stuff in the armed forces, fuel, nuclear power, explosives. the way we do that safely is a high standards, rigid enforcement, and very professional inspectors to do it. we strongly recommend applying this model to regulatory body so that we can do this safely, so that we can do oil retractions safely. that we can
we also have an economic competitor and a partner in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in...
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Dec 8, 2012
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a weak china? which poses the greater threat? >> i think u.s. policy has consistently been, for decades, that we support a strong china, and it's very much in u.s. interests and the interests of those in the neighborhood to see a strong, stable, productive, cooperative china. i think, just to further put a point on what richard said, one of the things that we will be looking for are some structural reforms in china. the united states is not going to be, in the same way it has been in the past, the export location of last resort. you need more internal demand inside china. so in that respect, it really is not so much, as he indicated, you know, the absolute levels of growth but the direction and the kind of growth, creating a strong stable middle class in china that can consume not just chinese products but, increasingly, exports from the united states and other countries will be an essential feature in the overall rebalancing that needs to take place in the asia and pacific region. >> let me just a
a weak china? which poses the greater threat? >> i think u.s. policy has consistently been, for decades, that we support a strong china, and it's very much in u.s. interests and the interests of those in the neighborhood to see a strong, stable, productive, cooperative china. i think, just to further put a point on what richard said, one of the things that we will be looking for are some structural reforms in china. the united states is not going to be, in the same way it has been in the...
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Dec 30, 2012
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as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to create the apple computer. so i just think we just don't do enough for the people of this country. and the people who are in position to create jobs and do this do not reinvest in the country. therefore i don't think they should get tax breaks. if you want to give these corporate giants tax breaks then give it to those who want to invest in the country, who want to create jobs here, not overcease, and they think try to think of ways to get their money over there into here lower than say the american businessman paying 35%. guest: i mean, i understand your frustration. i think part of it is that t
as far as china is concerned, we don't tariff, we don't put that high of a tariff on their imports but yet i don't know the exact numbers but i believe it's a lot higher that they tax our imports in their country. and the whole thing with jobs. he created the apple scommuret in california in his garage but yet when he got successful he moves all his company over to china, giving chinese people jobs. if steve jobs was born in china he wouldn't even have a garage therefore he wouldn't be able to...
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Dec 27, 2012
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you have china -- finding it impossible to provide a replacement for the demand that the west has done away with. so, i do not have an answer for your question. bewilderment. >> my question is about consumer demand and the extent to which the old system depended on it. if we do not have it to the same degree, could there possibly be a new economy? i cannot know how to say all of these in the right economic terms. i will say what i am thinking and see what you make out of it. its teams like all the economy's got to a point where it had to be based on growth. it could not just be sustainable. it had to grow. and that meant more consumers. so, then, that led to a lot of things ecologically that were not good for the earth's, things that people did to maximize profits. so, that is one thing. is there the possibility there might be a new economy that is not based on growth? second, if you do not have consumer demand at the same level that he used to -- and of course, i think that is why. one of the pieces that you talked about is that americans are credible consumers come away more than eur
you have china -- finding it impossible to provide a replacement for the demand that the west has done away with. so, i do not have an answer for your question. bewilderment. >> my question is about consumer demand and the extent to which the old system depended on it. if we do not have it to the same degree, could there possibly be a new economy? i cannot know how to say all of these in the right economic terms. i will say what i am thinking and see what you make out of it. its teams...
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Dec 21, 2012
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in china, individuals cannot own any arms. we have the same kinds of violent situations going on. in connecticut they had some of the strongest gun-control laws in the country and it still occurred there. let's look at the problems that caused this to occur. let's focus on solving those problems instead of just saying it is guns. right now today in connecticut, also weapons -- an assault weapon is a machine gun. they are already controlled. someone cannot just go to the store and buy an assault weapon today. it is not about clips or number of rounds in a gun. we have to focus upon those problems that caused this young man to snap, to kill his mom. i cannot imagine that. and then go and kill six-year oldss. the guns did not make him do that. the guns were not evil. he is evil, his act is evil. we need to deal with what caused the problems. i don't think the guns caused it. host: back to your home state of georgia, james is on the phone on the independent line. caller: just a few things. georgia is last on the bottom of the education. you are doing nothing to help the people of geor
in china, individuals cannot own any arms. we have the same kinds of violent situations going on. in connecticut they had some of the strongest gun-control laws in the country and it still occurred there. let's look at the problems that caused this to occur. let's focus on solving those problems instead of just saying it is guns. right now today in connecticut, also weapons -- an assault weapon is a machine gun. they are already controlled. someone cannot just go to the store and buy an assault...
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Dec 31, 2012
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on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand if you have heard of that? i thought we would have more in the audience. the reason you have not heard of it is that it only allows from 1960 until 1975, when things did not go that well. the point of the example is that they don't last. they go on for a while and systems are prone to booma nd bust. -- boom and bust. we keep thinking the chinese one is going to last forever. this is going to last forever. it is going to slow down a lot more. why does that give us insight into the grove miracle? let me take
on china. we're talking already about the chinese economic slowdown, and i think this is a major moment for -- a major moment for development thinking. the idea of the authoritarian growth miracle that china has done so much to promote is really over at this point. let me give you a couple insights as to why it might be over. the first is that authoritarian groschen miracles don't last. hall asked a question of you. how many of you have heard about the togalese growth miracle? raise your hand...
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Dec 12, 2012
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if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because the mandate was changed in the late 70's to where they have to be concerned with unemployment. we need a fiscal deal. the fed has to change its policy because both are imprudent and unsustainable over time. >> right. >> one of the most successful physical consolidations in the developed, democratic world in canada, in the mid 1990's, and i ask the canadian politicians how did you do it? the public went from cheering on spending to deficits within a matter of a year or two. the government in canada now risks some peril if they do not balance their budget. the answer you most frequently get is all they had to do was say, 40% of revenues was going to pay the interest bill on the canadian debt, and the public immediately realized that was not a great idea. we cannot make that argument. we run these massive defici
if you look at china in particular, they are looking for corporate bonds rather than u.s. treasury securities because they do not like what they see. we are living on borrowed time. we have created another bubble. my view is the reason the fed is doing that is because the mandate was changed in the late 70's to where they have to be concerned with unemployment. we need a fiscal deal. the fed has to change its policy because both are imprudent and unsustainable over time. >> right....
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Dec 24, 2012
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but competitors in china are, rush show were trading on a daily basis. -- my competitors in china and russia work training. this is a position of irritation of a triple jump. i was like a robot in the sense that everything i was doing, the hours i was putting in it, the morning, the afternoon, the evening, i trained all they basically. my first session, 10:00, i was basically of the rank by nine and my last session would be at 6:00-6:30. then i would go to the gym. i look back, no wonder i was in really good shape. >> where did that drive? how did that drive? where do you get that drive? >> we were talking earlier about the role of parents. when you had mentioned the tiger mom or the tiger parents, we did not have tiger parents. they were there to support me and be there in times when i needed a push culminated motivation. it is just one of those things when you have a passion and a vision. you do not see anything else. that is what drives you every day. >> you just got engaged. are you going to be a tiger mom. [laughter] >> looking at the way i was raised with a set of rules and just
but competitors in china are, rush show were trading on a daily basis. -- my competitors in china and russia work training. this is a position of irritation of a triple jump. i was like a robot in the sense that everything i was doing, the hours i was putting in it, the morning, the afternoon, the evening, i trained all they basically. my first session, 10:00, i was basically of the rank by nine and my last session would be at 6:00-6:30. then i would go to the gym. i look back, no wonder i was...
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Dec 10, 2012
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guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more focused at home. it is of concern a rise in china but not at the level of the united states. that is a concern. it is a time for real debate in this country about where we go. it is time to relook at our national priorities. everybody thinks the pentagon is on the table. host: that is why we are focusing on this morning, focusing in on the pentagon and sequestration. that call it put the figure of the wars at $300 billion. guest: i think it is higher. it probably goes higher than that number. host: overall? guest: the oco funding got up to about $170 billion at its highest point. it is well in excess of $300 billion. we are probably talking close to a trillion dollars, depending on how you do the math. host: paul, are you in the military? caller: retired. host: go ahead. caller: we had a certain amount of money we had to spend on repair ports every quarter. we were told if you do not spend
guest: the caller is correct when he talks about china. they are just barely beginning to use aircraft carriers and things like this. they are much more focused at home. it is of concern a rise in china but not at the level of the united states. that is a concern. it is a time for real debate in this country about where we go. it is time to relook at our national priorities. everybody thinks the pentagon is on the table. host: that is why we are focusing on this morning, focusing in on the...
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Dec 30, 2012
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if steve jobs was born in china, he would not even have a garage. we do not do enough for the people of this country or the people in a position to create jobs. data reinvest and i do not think that they should get tax breaks. creating jobs here, not overseas. host: joshua gordon? guest: i think a part of your frustration, many talk about fixing it in a mutual way. which had nothing to the deficit discussion and does not help to make lowering the deficits any easier. there are some things we need to change. in general we need to realize that if we set the country on the right path and make the right investments in technology and education, making sure we do not cut the necessary programs to do the growth, you have to make that a priority. we will be able to grow with the global economy. manufacturing has already come back to some degree. i know that apple is moving a couple of production facilities back to the united states from china. the real key is making sure that we are continuing to invest in those kinds of investments. we should also realize
if steve jobs was born in china, he would not even have a garage. we do not do enough for the people of this country or the people in a position to create jobs. data reinvest and i do not think that they should get tax breaks. creating jobs here, not overseas. host: joshua gordon? guest: i think a part of your frustration, many talk about fixing it in a mutual way. which had nothing to the deficit discussion and does not help to make lowering the deficits any easier. there are some things we...
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Dec 1, 2012
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i don't know what will happen in china. i tell believe that 1.3 billion people are going to be satisfied forever under the present regime in which they live. it seems to me it's even more important that we have certain principles guiding us. i want to emphasize again and that it does not mean we go everywhere, fight every battle, pullout are pestilent every provocation. it has to be tempered by reality and it has to be tempered by the fact that we are democracies and we have to have our people behind us. jolie where my people are going so i can get out in front in them. -- show me where my people are going. [laughter] i think it was voltaire. i'm not sure. maybe both. >> next question. i neglected to call my duties as a moderator. if you would please stand, give us your name and organization and represent and then ask your question. >> cameron from canada. i work for research in motion, but that is not relevant. my question is the discussion was about the special board of nato countries and those closely aligned, australia,
i don't know what will happen in china. i tell believe that 1.3 billion people are going to be satisfied forever under the present regime in which they live. it seems to me it's even more important that we have certain principles guiding us. i want to emphasize again and that it does not mean we go everywhere, fight every battle, pullout are pestilent every provocation. it has to be tempered by reality and it has to be tempered by the fact that we are democracies and we have to have our people...
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Dec 4, 2012
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if everyone heads to the door like china and other is, our debt is really going to go up. host: should the raising of the debt ceiling be tied to these overall conversations or is that too dangerous? you talk about people shied away from your debt. caller: yes. you are going to have a tipping point that people are blind to. since 1847 with popular delusions and the madness of crowds when you get a contagion in there, you do not know what is going to be. people are going to run for the door. it is just stupid. they should have done the tax cuts first and then see if they need to raise taxes. the more sound policy is to cut some savings first to even see if we have to raise taxes. host: here is the statement put out by the white house yesterday. it actually promises to lower rates for the wealthy and sticks the middle class with the bell. bill. susan in pennsylvania, a democratic caller. welcome to the conversation. caller: what i am thinking is the bush tax cuts or a huge disaster. why don't we simply ask everyone to pay back what they got in the bush tax cuts? we could giv
if everyone heads to the door like china and other is, our debt is really going to go up. host: should the raising of the debt ceiling be tied to these overall conversations or is that too dangerous? you talk about people shied away from your debt. caller: yes. you are going to have a tipping point that people are blind to. since 1847 with popular delusions and the madness of crowds when you get a contagion in there, you do not know what is going to be. people are going to run for the door. it...
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Dec 20, 2012
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united states-china economic review commission. signed sincerely, karen l. haas. the speaker pro tempore: the chair will he want taint up to 15 requests for one-minute speeches on each side of the aisle. for what purpose does the gentlelady from kansas seek recognition? ms. jenkins: to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, so ordered. ms. jenkins: growing up on a kansas dairy farm, i know the estate tax is a threat to family farms. this tax makes bailing hay and shoveling manure sound like a get rich quick scheme when most family farms make an average of $45,000 a year. raising the estate tax to 55% and dropping the exemption to $1 million, might sound feasible to a hedge fund manager but it will jeopardize the future of farmers and their families, forcing many to sell their farms they worked for generations on. many farmers are land rich but cash for poor. the average land value for 65,000 kansas farms is $900,000. throw in a $300,000 combine, a $250,000 tractor and kansas farmers are sud
united states-china economic review commission. signed sincerely, karen l. haas. the speaker pro tempore: the chair will he want taint up to 15 requests for one-minute speeches on each side of the aisle. for what purpose does the gentlelady from kansas seek recognition? ms. jenkins: to address the house for one minute and to revise and extend my remarks. the speaker pro tempore: without objection, so ordered. ms. jenkins: growing up on a kansas dairy farm, i know the estate tax is a threat to...
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Dec 18, 2012
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i want to start off with 9/11 and in syria and china with the 22 children who were disfigured and cut within less than a week. and then in syria, the 47 people that have been killed by snipers and the thousands that have been killed that our children and women. you can see them on youtube right now. i want to understand why you diminished someones comment with the purpose. rather than being critical, the reality is a horrible situation that happened. i do not defend anything that happened at the school, but the individual data has a $100 shotgun or less -- and individual with a $100 shotgun or less, the situation would have been worse. in 1994 when you lost the assault weapons ban, you also lost the house for tenure. i will stop -- for 10 years. i will invite the listeners to look at the china situation a week ago where years and figures were cut off. guest: as you know, we do live in a society where we do feel protected and represented in government i think that is something that is diminished and there is a sense of government for us. and but we do have a representative democracy an
i want to start off with 9/11 and in syria and china with the 22 children who were disfigured and cut within less than a week. and then in syria, the 47 people that have been killed by snipers and the thousands that have been killed that our children and women. you can see them on youtube right now. i want to understand why you diminished someones comment with the purpose. rather than being critical, the reality is a horrible situation that happened. i do not defend anything that happened at...
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Dec 16, 2012
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in asia with the rise of china and india. at the center of this pivot is china, which exits as an adversary and a fellow traveler, ensuring mutual goals -- in sharing mutual goals -- as a fellow traveler, sharing mutual goals. this will impact american relations with the rest of asia and may even help determine prospects for peace or war. in visiting thailand and the philippines in october, i was reminded of the economic vitality of southeast asia and the fact that that tend countries comprise an asean represent now the fourth largest export market of the united states. these countries are center stage. we must stand firm with our friends throughout asia and actively pursue prospects for free trade and open sea lanes and other policies that will strengthen american economic growth. more broadly, we face the specter of global resource constraints, especially efficiencies of energy and food that could stimulate conflict and deepen poverty. we have made startling gains in domestic energy production, but we remain highly vulnerab
in asia with the rise of china and india. at the center of this pivot is china, which exits as an adversary and a fellow traveler, ensuring mutual goals -- in sharing mutual goals -- as a fellow traveler, sharing mutual goals. this will impact american relations with the rest of asia and may even help determine prospects for peace or war. in visiting thailand and the philippines in october, i was reminded of the economic vitality of southeast asia and the fact that that tend countries comprise...
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Dec 9, 2012
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the number one priority is bringing jobs home from china. host: you are on the air. go ahead, roger. caller: these people that sold our country out, they need to be exiled to themselves. host: good morning on the independent line. what is the number-one priority as the president embarks on a second term? caller: the issue a want to talk about this morning is one both sides agree with. everybody agrees but the tax code needs to be reformed, simplified. it needs to be changed in a permanent way where businessmen and individuals can plan for the future. there are multiple ways to do this, cut in reductions, giving everybody a fair chance to the tax code. i think it will really chance the economy. put it on a solid basis for businesses to plan and go into the future with. host: what do you think the president's number one priority should be? caller: first of all, i would like to make an observation. ever since president obama became president, i have noticed watching your program that your daily topics are on what president obama is going to do. i would be a wealthy woma
the number one priority is bringing jobs home from china. host: you are on the air. go ahead, roger. caller: these people that sold our country out, they need to be exiled to themselves. host: good morning on the independent line. what is the number-one priority as the president embarks on a second term? caller: the issue a want to talk about this morning is one both sides agree with. everybody agrees but the tax code needs to be reformed, simplified. it needs to be changed in a permanent way...
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communist china killed a former -- far more of those two tyrannies combined, with no christian heritage to speak of. there are serious scholars that makes serious arguments that there is something and the hirst temperament -- luther's temperament that was germanic. he was no democrat. the more, the merrier. religious factions or alternative sources of social authority. what you want is a society in which the state does not monopolized social authority. >> you talked extensively about religion in the united states contributing to [inaudible] there is one particular force that think they can inflict their views on this country. they insist said it was the intention of the founding fathers to create a christian equivalent of iran, which i do not think is the case. just because you are religious, it does not make you write all the time. >> did in line with everybody else. -- gets in line with everybody else. with respect, i disagree with what you just said. the religious right, which i obviously am not a member, rose after the religious left in the form of the reverend martin luther king an
communist china killed a former -- far more of those two tyrannies combined, with no christian heritage to speak of. there are serious scholars that makes serious arguments that there is something and the hirst temperament -- luther's temperament that was germanic. he was no democrat. the more, the merrier. religious factions or alternative sources of social authority. what you want is a society in which the state does not monopolized social authority. >> you talked extensively about...